Avoid Risks, Penalties and Fines for Non-Compliance
Our Tax Compliance plan ensures that your rental property is in compliance with local and state regulations with regard to vacation rental properties and all rental taxes
Compliance can be tedious and confusing because each municipality has its own requirements for business licenses, rental tax collection and occupancy codes and compliance.
Given the significant penalties of non-compliance combined with state and local governments’ heightened interest in collecting tax revenues, it only makes sense for homeowners to remain compliant. For a low monthly fee of $75, add this service onto Business Services or Local Services (or combine all three) and VRS will provide peace of mind that your property meets the requirements.
Vacation Rental Tax Compliance Service Offerings:
- Property compliance audit: We will perform an audit of the property and the rental procedures to identify the steps necessary to bring the property into compliance with local and state vacation rental regulations.
- Monitor regulation changes: We will continually monitor changes and revisions in local and state regulations to ensure your property remains in compliance.
- Submit audit results: We will promptly submit to owner the audit results and any applicable revision in local or state regulations that affect your property. We will include recommendations for bringing your property into compliance.
- Bring property into compliance: Upon your approval we will take the steps necessary to bring your property into compliance.
- File required tax statements: As required by state and local vacation rental regulations and on behalf of owner VRS will file the required tax statements.
- Remit tax payments: As required by state and local vacation rental regulations and on your behalf we will remit required tax payments
Vacation Rental Tax Compliance Service Pricing (Fixed Monthly Price):
- Add-on for only $75